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You are here: Home / Economy / Challenges facing Filipinos overseas tackled at global online confab

Challenges facing Filipinos overseas tackled at global online confab

February 16, 2018 by PNA Leave a Comment

Senior officials of the government and private institutions will tackle different problems and challenges facing overseas Filipinos (OFs), including persistent illegal recruitment, at a global conference for overseas Filipinos to be held here and shown live on YouTube on Feb. 24 and 25.

The “2018 Global Conference of Overseas Filipinos & Livelihood/Investments Exhibition” also aims to help OFs identify which profitable livelihood projects that they can put up back home to secure the financial security of their families.

Between January and November last year, USD28.24 billion (PHP1.41 trillion) were sent home by overseas Filipinos through banking channels, according to data of the Bangko Sentral ng Pilipinas.

Despite their huge earnings, many OFs have not put up sound investments, with scores still taking risks with illegal networking schemes.

“While overseas Filipinos are often hailed as modern heroes (bagong bayani) for sending home over USD20 billion a year, it is ironic that they are beset by numerous problems. This global conference aims to tackle these problems and help identify solutions to them with the assistance of government and private institutions,” said Alliance of Overseas Filipinos for Change (AOFC) President Juanito Concepcion.

Investments and livelihood are, therefore, a major focus of the conference organized by a Hong Kong-based NGO, AOFC, with LINKPAD Inc. in Manila as its secretariat and marketing arm.

Further details about the event and sponsorships can be obtained from LINKPAD at (02) 734-6300, (02) 788-6521, and (02) 500-0040, 0908-6199582; 0917-5932000 or at [email protected]

Up to 10,000 overseas Filipinos gathered in Hong Kong, Japan, Singapore and in different other countries in Asia, the Middle East, Europe and North America are expected to watch online this conference that will be shown live on YouTube and Facebook Live. (PR)

Duterte creates bank for overseas Filipinos

About 500 local participants — comprised of visiting OFs, OFs who have returned home for good, family members of OFs, officials of government agencies and private institutions relevant to OFs and other migration and development stakeholders — are also attending the conference. (PR)

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